The key was to make sure that his new home closed before a shortsale occurred, and therefor he was able to pick up his new home using his unblemished credit.

That's not intended you scare you off, just to make the point that if you can determine all your risks on a particular deal, then you can determine if those are risks that you can live with, and maybe come up with Plans B and C if those problems occur.  

No harm in asking though.

Rents are high and collecting a month or more upfront is sufficient for any problems that may occur.  

These are the routine expense items that regularly occur across your properties.  

Most of the time, when transitions occur, tenants find an excuse to not pay or slow pay.  

They will eventually drop to a price that generates interest and a multiple offer situation occurs.

If the milestone countdown would have occurred during business hours, I would have been able to give @Bill G. a run for his money. 

An eviction itself is carried out by the Office of the Rentalsman here and doesn't cost the landlord anything - they will even put the Tenants' chattel in storage at their cost in certain situations.While the eviction itself may not have a fee, the cost comes in the time it takes for it to occur and for you to regain possession of the unit/property.

Hi Kelli,As a former insurance agent (for Nationwide Insurance) - when loss occurs, nobody complains for having too much insurance.